It's kinda funny how they call it a Panansonic frame w/ a Schwinn badge.

More like a Schwinn frame built by Panasonic.

The more I look at the chromed fork and pointed fork crown, I say definitely the 'Panasonic.' But try to talk 'em down. There's another thread on here about 10 speed conversions that has links to complete Schwinn bikes on ebay that sold real cheap.